Debt & Deficits
Latest
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CBO’s Projections Show Need for Smart, “Go Big” Approach: Comparing Major Debt Reduction Plans
Read moreCRFB has published an updated version of this comparison chart on its blog, The Bottom Line.
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The Cyclical Economic Effects on the Deficit
Read moreIn a letter to Rep. Chris Van Hollen (D-MD), the ranking member of the House Budget Committee, CBO Director Douglas Elmendorf estimates the cyclical...
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CRFB on President Obama's Deficit Reduction Plan
Read moreWith the release of President Obama's deficit reduction plan this morning, CRFB has put out a press release commenting on the proposal. We note that...
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Putting the Brakes on U.S. Debt
Read moreAs the world continues to struggle with the economic recovery and increasingly overwhelming debt levels, many are looking to Switzerland’s rather...
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Senator Reid In Favor of 'Deficit Cap' in Debt Limit Increase
Read moreYesterday, Senate Majority Leader Harry Reid (D-NV), proposed adding a "deficit cap" to forthcoming legislation to increase the debt ceiling. While...
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CBO: The Role of Automatic Stabilizers in Deficits
Read moreYesterday, CBO released a report on the effect of automatic stabilizers on the deficit, showing that in recent years, they have added hundreds of...
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How Interest Rates Could Affect Deficits and Debt
Read moreInterest rates have an enormous effect on how much we pay each year on servicing our debt. In the Budget and Economic Outlook from January, CBO...
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CRFB Analysis of CBO’s January 2011 Baseline
Read moreCBO now projects the 2011 deficit to reach a record-breaking $1.5 trillion, and increased its deficit projections over the 2011-2020 period by $1.4...